Project Finance Brief: Iberdrola Acquires a 190 MW Solar Project from RES

Quinbrook Infrastructure Partners acquires a 350 MW Solar + Battery storage project in the UK

October 3, 2021

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Iberdrola, a multinational electric utility company, acquired the 190 MWac (245 MWdc) Avonlie solar project from RES, an independent renewable energy company. The project is in New South Wales, Australia. Lumea will deliver grid connection services through the project’s life, with construction expected to commence later this year and energization scheduled before the end of 2022.

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